Spectra Systems scores lottery contract renewal
Spectra Systems Corporation
253.00p
16:50 12/11/24
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Banknote authentication specialist Spectra System has again been selected to provide lottery gaming software to "a major western state lottery" in the US.
FTSE AIM All-Share
730.86
16:50 12/11/24
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Support Services
11,262.72
17:09 12/11/24
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-99.68
The AIM-listed group said on Monday that the base value of the five-year contract renewal was $636,000.
Chief executive Dr Nabil Lawandy said: "This renewal award indicates that our gaming customers value our services and is a part of the expected renewed growth of this business line under the leadership of its director, Christopher Lal".
As of 0840 BST, Spectra shares were up 2.61% at 236.0p.
Reporting by Iain Gilbert at Sharecast.com